Each lender on Monevo’s lending platform will have different eligibility criteria and we cannot comment on those, however the most basic eligibility criteria for one of Monevo’s lender’s loans is that you are aged 18 and above and are a resident of England or Wales.
Moreover, in order to be able to process your loan, the lender require that you have a bank account with all of the ordinary functions including the ability to make electronic payments.
Without this they will be unable either to send you the money or to receive it back from you.
Another minimum criterion is that you are employed or receive an income of some kind. As part of the application you will therefore be asked to give detail of your employment including your employer’s name and address and give detail of your monthly income. The amount that you will be permitted to borrow will largely depend on your circumstances and the amount you earn, making it crucial that you state this figure truthfully and without exaggeration. To exaggerate on this part of the form would constitute fraud, which is a criminal offence.
*Subject to lenders requirements and approval.
**The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.
We are an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender.
Same Day Loans Introduces customers to Monevo Ltd who are an Appointed Representative of Quint Group Ltd. for the purposes of obtaining a loan. Same day Loans does not provide any loan or consumer credit products directly.
Samedayloans.org.uk is a registered Trading Name of Hellcat Media Limited which is an Introducer Appointed Representative of Quint Group Limited, and is entered on the Financial Services Register under reference number 729043. Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number 669450. Hellcat Media Limited is registered in England and Wales (Company number 08151185), Registered Office: 12 Culm Close, Bideford, Devon, EX39 4AX. Licenced by the Information Commissioners Office, (registration number ZA262977).